AUD/USD Intraday: under pressure.

May 24, 2024 00:09
AUD/USD (AUD/USD)
-0.00144-0.22%
short positions below 0.6630 with targets at 0.6585 & 0.6565 in extension.
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Pivot: 0.6630

Our preference: short positions below 0.6630 with targets at 0.6585 & 0.6565 in extension.

Alternative scenario: above 0.6630 look for further upside with 0.6650 & 0.6665 as targets.

Comment: the RSI calls for a new downleg.

Supports and resistances:
0.6665
0.6650
0.6630
0.6604 Last
0.6585
0.6565
0.6545

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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